# Inchcape plc (INCH.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Consumer Cyclical / Automobiles. Price 847p, market value 2.9 billionp.

## Valuation
- **P/E (trailing): 13.4×** (5-yr avg 1467.0×, 3-yr avg 973.7×). Inchcape plc trades at 13.4× trailing earnings, well below its own five-year average of 1467.0×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 8.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.7×**. The shares trade at 2.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 2.7×**. Enterprise value is 2.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 29.1%** (5-yr avg 0.1%). Free cash flow equals 29.1% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 7.4%**. The inverse of the P/E: 7.4% of the price is earned each year.

## Profitability
- **Gross margin: 16.8%**. Inchcape plc keeps 16.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 5.9%**. 5.9% of revenue is left after running the business.
- **Net margin: 3.0%**. 3.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 21.6%**. 21.6% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 39.8%**. Return on all capital, debt included, is 39.8%: comfortably above what that capital costs.
- **Return on assets: 11.8%**. Each dollar of assets produces 11.8% of profit.

## Growth
- **Revenue growth (1 yr): -1.8%** (3-yr 3.8%/yr, 5-yr 5.9%/yr). Revenue fell 1.8% over the last year, against 5.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -29.4%** (3-yr 6.9%/yr). Earnings per share fell 29.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -7.2%/yr**. Free cash flow has compounded at -7.2% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 1.01**. Debt is 1.01 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 3.1×**. Operating profit covers interest 3.1× over, a safe margin.
- **Current ratio: 1.07** (quick 0.45). Current assets cover the next year's liabilities 1.07 times.
- **Altman Z-score: 2.59**. A Z-score of 2.59 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.96%** (0p per share, trailing). Inchcape plc yields 3.96%, an income-level yield.
- **Payout ratio: 37%** (29% of free cash flow). 37% of earnings goes out as dividends, leaving room to keep raising it.
- **Shareholder yield: 18.4%**. Dividends plus net buybacks return 18.4% of the market value a year.

## Price and momentum
- **Total return (1 yr): 26.7%** (YTD 10.9%, 3-mo 4.9%). The shares are up 26.7% over twelve months including dividends.
- **From 52-week high: -5.4%** (32.2% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 1.01** (volatility 22%). Beta of 1.01 against the FTSE All-Share: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=INCH.L · Page: https://foliofundamentals.com/stocks/inch.l

Not investment advice.